William E. Mudd - Dec 31, 2021 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Signature
Paula Chumbley Attorney-in-Fact for William E. Mudd
Stock symbol
CHDN
Transactions as of
Dec 31, 2021
Transactions value $
-$3,486,787
Form type
4
Date filed
1/4/2022, 03:04 PM
Previous filing
Nov 12, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +9.88K +3.73% $0.00 275K Dec 31, 2021 Direct
transaction CHDN Common Stock Tax liability -$1.11M -4.6K -1.67% $240.90 270K Dec 31, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHDN Restricted Stock Units Options Exercise -$2.38M -9.88K -4.76% $240.90 198K Dec 31, 2021 Common Stock 9.88K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units do not have a conversion price or expiration date.
F2 Restricted stock vests over a multi-year period.